Business Combination merger with USBTC exchange ratio
Company: Hut 8
The claim, verbatim
Each USBTC security (Series A Preferred, Series B Preferred, Series B-1 Preferred, and common stock) will be exchanged for 0.6716 shares of New Hut common stock in the merger
Source (primary)
Hut 8 S-4/A filed 2023-08-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Merger Sub will merge with and into USBTC, with each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Hut 8 S-4/A filed 2023-08-24
Quote: “Merger Sub will merge with and into USBTC, with each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock”